The Boston Red Sox announced the re-signing of designated hitter David Ortiz on Monday.

ESPN Boston reported that the deal is for two years at $26 million. Ortiz will get $14 million next year and $11 million in 2014 with a $1 million signing bonus. Incentives could up the value of the contract to $30 million. Ortiz made $14.575 million this past season.

Ortiz and the team reached an agreement Friday night.

He batted .318 with 23 home runs and 60 RBI in 90 games. His season was limited by a right Achilles strain he sustained on July 16 and played only one more game after that.

Ortiz, 36, has a .290 average with 343 homers and 1,088 RBI in his 10 years with Boston and was key to helping the Red Sox win World Series titles in 2004 and '07.